Tutor Answer

Market-to-market accounting s the form of accounting based on the fair value of an asset or
liability relative to its market price or for a similar asset and liabilities. This mark-to-market
accounting can be done based on another objectivity assessed fair value. This fair value
accounting has been in compliance with the generally accepted accounting standard (GAAP) in
the United States and is regarded as the gold standard.
The working environment of Enron under skilling management talks about the leadership
qualities which his employees lacked. They had over 10 careers and professionals but were not
interested in nurturing small employees. Employees were kept in the dark about company
finances till the company was bankrupt.
Types Of Sanctions Used By CEO Jeff Skilling...